Ubisoft Partners with Hedera to Grow Gaming on the Hashgraph Ledger, a Patented Alternative to Regular Blockchain

Ubisoft collaborated with HBAR Foundation, the creators of a distributed ledger technology, which is an alternative to the blockchain technology.

Among other big gaming studios, Ubisoft has proved itself to be an advocate for blockchain technologies. The gaming giant has stuck to its guns despite a lack of acceptance from gamers. Ubisoft Entrepreneurs Lab has been supporting crypto games and projects for a while already, but the company has also started to implement NFTs even into its big games, for example in “Ghost Recon: Breakpoint.”  

Today, the company announced a collaboration with the HBAR Foundation, the creators of a distributed ledger technology which acts as an alternative to current blockchain technology. The crypto is quite popular and ranks at #32 by market capitalization at the time of writing.  

Sponsored

With this agreement, Ubisoft becomes a member of the Hedera Governing Council, which means participation in the governing and creation of new products, as well as the operation of a node on the Hedera network. 

The Blockchain Technical Director at Ubisoft Strategic Innovation Lab commented: 

“At Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games. The Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.” 

Hedera has yet to introduce any games, however, it has given itself perhaps the best possibility for creating a breakthrough in crypto gaming with its brand-new technology, combined with the considerable experience of Ubisoft.  

 

Sponsored

Check out the previous updates from Ubisoft’s journey to blockchain integration: 

Ubisoft Continues to Stand its Ground Regarding NFTs 

Ubisoft Becomes the First Big Gaming Studio to Bring NFTs to Its Games. Mass Adoption Has Begun 

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Nazar Kuzmyn

Nazar Kuzmyn is an audience editor at DailyCoin, responsible for SEO aspects of the publication, long-form content, and the daily newsletter. He has experience in marketing copywriting and journalism, and his educational background includes a Bachelor's in International Relations and a Master's in Journalism and Media Industries. He currently lives in Vilnius, Lithuania, and enjoys attending live concerts and playing indie video games in his free time.